These are not the numbers that re-elect Presidents. In essence, despite Brak's constant references to helping the Middle Class, the incomes earned by that groups have seen the largest decline. What is particularly striking is that average (mean) income in the middle class rose most sharply during the period 2004-2007, while that EEEVIL George W. Bush was President.
The cake is baked - this report, alone, forecasts the end of Our National Embarrassment's tenure of office.
To: TonyInOhio
What year did Nancy Pelosi and democrats officially take over congress again?
To: TonyInOhio
Between 2007-2010 ...
Ah yes, 2007, I remember it well.
That was the year I got laid off - after 35 years of service - and I haven't worked since.
3 posted on
06/11/2012 1:51:44 PM PDT by
oh8eleven
(RVN '67-'68)
To: TonyInOhio
Most of that likely due to the stock mkt crash where the market lost over 50 percent. Of greater interest to me would be to see the data over say the last 2 years in this wonderful receovery period we keep hearing abouit.
To: TonyInOhio
These figures are a result of the real estate crash. For many families, their greatest asset was the equity in their home.
To: TonyInOhio
If a Republican was president today, you would see the terms “economic depression” written on a daily basis. Let alone “worst economy since the 30’s”.
The daily headlines would be screaming about financial pain, suffering and loss. A balanced media would have consumer confidence in the negatives and all political incumbents in fear for their jobs.
6 posted on
06/11/2012 1:58:23 PM PDT by
Freedom_Is_Not_Free
(REPEAL OBAMACARE. Nothing else matters.)
To: TonyInOhio
The private sector is doing fine.
8 posted on
06/11/2012 2:00:27 PM PDT by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
To: TonyInOhio
Well Zer∅bamagasm™ kept part of his campaign promise:
C H A N G E
10 posted on
06/11/2012 2:35:43 PM PDT by
QT3.14
(Never Argue With A LIBERAL...They Will Drag You Down To Their Level, Then Beat You With Experience!)
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